Deal #3273

Côte d'Ivoire

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Created at

2013-03-01

Last update

2017-10-25

Last full update

2016-06-22

Land area

Comment on land area

Outgrowers only. 100 000ha to 200 000ha.

Intention of investment

[current] Food crops

Nature of the deal

Lease

Negotiation status

[2013] Intended (Under negotiation)
[2014, current] Failed (Negotiations failed)

Comment on negotiation status

MoU for contract farming signed in 2013. The company is awaiting final government approval. Project was abandoned in June 2014, after waiting 18months to get the final approval.

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 100000.0 ha

Comment on contract farming

Possible increase to 200,000 ha and 50,000-60,000 outgrowers. The objective is to invest 60 million dollars between the group and the Ivorian state, for the irrigation of land and construction of a rice husking unit.